Let’s do a little comparison between our economic development efforts and those over at Santa Teresa.
Earlier this year city council agreed to give over $100 million in economic incentives to a hotel/waterpark. The recipient plans to spend about $150 million to build the facility and has told us that they will employ 385 hospitality workers.
Just the other day we learned that Santa Teresa will be getting a new cable manufacturing facility. The company will invest $50 million and plans to employ 342 workers. The economic incentive granted will be $3.92 million.
We deserve better